Boulder, CO: Best Housing Market for Growth & Stability

NAWRB

Desirée Patno is the CEO and President of Women in the Housing and Real Estate Ecosystem (NAWRB) and Desirée Patno Enterprises, Inc. (DPE). With almost three decades specializing in the Housing and Real Estate Ecosystem, she leads her executive team’s expertise of championing women’s economic growth and independence.

Homebuyers should think about buying their first home in Boulder, CO, as it is ranked the best housing market for growth and stability by a recent Smart Asset report. According to their findings, the odds of a major drop in home prices are 0 percent in the city, while properties have increased 268 percent in price in the last 25 years. Metro cities in both Colorado and Texas make up a majority of the top ten housing markets. 

“The Best Housing Markets for Growth and Stability in 2019” report analyzed 25 years of home-value data for 358 metropolitan areas nationwide from the Federal Housing Administration. Metro areas were ranked based on overall home price growth and the probability that a homeowner would experience a price decline of 5 percent or more within a decade after their property purchase. 

Top 10 Housing Markets for Growth & Stability 

  1. Boulder, CO
  2. Midland, TX
  3. Austin-Round Rock-Georgetown, TX
  4. Fort Collins, CO
  5. Bismark, ND
  6. San Francisco-San Mateo-Redwood City, CA (Tied for 6)
  7. San Jose-Sunnyvale-Santa Clara, CA (Tied for 6)
  8. Denver-Aurora-Lakewood, CO 
  9. Houston-The Woodlands-Sugar Land, TX
  10. Cheyenne, WY

San Francisco and San Jose rose in the rankings from last year—both tied for No. 6 from No. 13 and No. 15, respectively. However homeowners in these areas have a near 1 in 5 odds of a 5 percent drop in home prices within a decade of purchasing their property. In addition, larger home price cuts are predicted in the future based on depressed sales activity in those markets. 

Read the full report here.

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